Durable goods orders rose 1.7% in August to lift the markets to a higher open with the Dow rising 16 points to 22,330. Nasdaq gained 34 points to 6,414.
On the upside
Micron Technology (Nasdaq: MU) reversed year ago losses to post a better than expected profit for the fourth quarter as revenue surged.
Bargain hunters lifted shares of Twilio (NYSE: TWLO).
Six Flags Entertainment (NYSE: SIX) will replace Parexel International (Nasdaq: PRXL) in the S&P MidCap 400 before market open on Monday, October 2.
On the downside
First quarter earnings fell for Nike (NYSE: NKE).
Babcock & Wilcox Enterprises (NYSE: BW) halted work at renewable energy project in the United Kingdom due to structural steel issue and has halted work at two other projects as a precaution.
South Carolina has opened a criminal investigation into SCANA's (NYSE: SCG) failed V.C. Summer nuclear expansion project.
In the broad market, declining issues outpaced advancers by a margin of more than 4 to 3 on the NYSE while advancers edged out decliners by more than 5 to 3 on Nasdaq. The broader S&P 500 gained 7 points to 2,503. Bitcoin leaped $172 to $4,082.
